Illinois Park
Data as of September 2026. Source: Realtor.com.
The ELGIN, IL real estate market (60123) currently shows 91 active listings, with 42 pending sales. Homes are averaging 31 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 31 days on market compared to 25 days last year.
The median listing price has risen 5% year-over-year, from $316,675 to $332,400.
Population: 49,537 · Density: 1,369.4/mi² · Median household income: $82,358
Typical home value: $231,426 · Homeownership: 69.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 60123 | Elgin, IL 60123 | 0.0 mi | 68 | $19,675,868 | $279,450 | $289,351 |
| 60120 | Elgin, IL 60120 | 3.8 mi | 47 | $15,709,985 | $298,725 | $334,255 |
| 60118 | Dundee, IL 60118 | 4.7 mi | 45 | $28,773,855 | $478,750 | $639,419 |
| 60110 | Carpentersville, IL 60110 | 5.8 mi | 44 | $12,983,432 | $276,250 | $295,078 |
| 60103 | Bartlett, IL 60103 | 6.9 mi | 82 | $37,906,058 | $414,993 | $462,269 |
| 60175 | Saint Charles, IL 60175 | 7.6 mi | 43 | $56,183,155 | $779,475 | $1,306,585 |
| 60174 | Saint Charles, IL 60174 | 7.8 mi | 69 | $55,142,523 | $624,500 | $799,167 |
| 60133 | Hanover Park, IL 60133 | 9.7 mi | 65 | $21,559,785 | $328,250 | $331,689 |
| 60194 | Schaumburg, IL 60194 | 10.3 mi | 32 | $13,861,760 | $323,450 | $433,180 |
| 60156 | Lake In The Hills, IL 60156 | 10.6 mi | 45 | $18,884,835 | $422,475 | $419,663 |
| 60193 | Schaumburg, IL 60193 | 11.3 mi | 107 | $45,888,662 | $374,975 | $428,866 |
| 60185 | West Chicago, IL 60185 | 11.3 mi | 31 | $22,758,123 | $551,225 | $734,133 |
| 60195 | Schaumburg, IL 60195 | 11.7 mi | 3 | $750,000 | $250,000 | $250,000 |
As of September 2026, there are 91 active listings in ELGIN, IL (zip code 60123), compared to 94 the prior year.
The median listing price in ELGIN, IL 60123 is $332,400 as of September 2026, a 5% increase from $316,675 the prior year.
Homes in ELGIN, IL 60123 spend an average of 31 days on the market before going under contract, compared to 25 days the prior year.
Based on current inventory and days-on-market data as of September 2026, ELGIN, IL 60123 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 31 days on market compared to 25 days last year.
With SELL123.com's maximum 3% commission, sellers in ELGIN, IL 60123 save an estimated $6,648 compared to a typical 5% commission on the median listing price of $332,400. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.